New Mexico State Investment Council commits to Affinity Fund IV
New Mexico State Investment Council (NMSIC) has agreed to invest up to $75 million in Affinity Equity Partners’ fourth pan-Asia fund. The vehicle reached a first close of $1.5 billion in early March and has a hard cap of $3.5 billion.
A proposal to commit between $50 million and $75 million to Affinity Asia Pacific Fund IV was approved by NMSIC in late March. The council manages New Mexico's $16.5 billion permanent endowment as well...
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